Economy:
World power swings back to America – Telegraph
A long, steep drop for Americans’ standard of living – Christian Science Monitor
Payrolls Decline in 25 States , Led by North Carolina; Florida Tops Gains – Bloomberg
Fed’s Yellen: QE3 May Be Warranted – Bloomberg
Markets:
Maybe markets need more principles and less regulation – Reuters
Commodity traders: The trillion dollar club – Reuters
U.S. rating likely to be downgraded again: Merrill – Reuters
Politics:
EU Confronts Worsening Greek Data as Crisis Marathon Opens – Bloomberg
Fed Considers More Easing: What Are They Thinking? – CNBC
Banks:
BofA puts taxpayers on the hook for Merrill’s derivatives – Reuters
The Only Way to Save the Economy: Break Up the Giant, Insolvent Banks – The Big Picture
Dick Bove: Europe ‘Irrelevant’ to US Banks – CNBC
